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Property profile & analytics
OFF-MARKET Estimated value $5,295,000
Commercial real estate

12695 National Ave New Berlin, WI 53151-4057

52,416 SF 6.19 ac lot Built 1995
Entity Owned 23-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US92-2040318
Property summary
AI-generated overview

This exceptional 52,050-square-foot commercial property, located at 12695 W National Ave in New Berlin, Wisconsin, presents a unique opportunity for businesses seeking flexible and adaptable space. Built in 1995 and renovated in 1999, the property boasts a diverse range of uses, including traditional and creative office spaces, manufacturing, flex space, warehouse facilities, and R&D. The building sits on a substantial 7.305-acre lot and offers ample power (TBV). With a minimum divisible space of 17,000 square feet and a maximum contiguous space of 52,050 square feet, the property is ideal for a variety of business needs. The entire 52,050 square feet is currently vacant. Features include 16'+ ceilings, two loading docks, and approximately 393 parking stalls (7.5 spaces per 1,000 square feet). The property is zoned B-1 & B-2 (Shopping Center), offering significant flexibility. The APN is 1201-998-003. This prime location in New Berlin, WI (zip code 53151) provides excellent access to transportation and amenities. This is a rare opportunity to secure a large, versatile space in a desirable location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1995
Total area 52,416 SF
Lot 6.19 ac (269,636 SF)
Zoning code B2
APN NBC 1201998003
UPID US92-2040318
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.56M
Blend (final) Blend
$5.30M
Owner & transaction history
DELUCA MANAGEMENT INC
DELUCA MANAGEMENT INC
Zoning & alternative use
B2 · New Berlin, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $6.7M +5.8%
Warehouse, storage $6.4M +1.1%
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